Reserve assets, Currency and deposits in Nigeria
Nigeria: Reserve assets, Currency and deposits was 24.54 billion US dollar in 2025. ▼ Falling
Reserve assets, Currency and deposits in Nigeria, 2005–2025
Source: International Monetary Fund. Measured in US dollar.
Analysis
Nigeria recorded 24.54 billion US dollar for reserve assets, currency and deposits in 2025.
The figure is up 19.8% on the previous year and up 54.2% over ten years.
Over the whole period, reserve assets, currency and deposits in Nigeria peaked at 53.00 billion US dollar in 2008 and was at its lowest, 13.59 billion US dollar, in 2023.
That places Nigeria 16th out of 156 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently falling across the 21 years of available data.
Reserve assets, Currency and deposits in Nigeria, year by year
| Year | US dollar | Change |
|---|---|---|
| 2005 | 28.36 billion US dollar | — |
| 2006 | 42.30 billion US dollar | +49.2% |
| 2007 | 51.33 billion US dollar | +21.4% |
| 2008 | 53.00 billion US dollar | +3.2% |
| 2009 | 39.96 billion US dollar | -24.6% |
| 2010 | 19.82 billion US dollar | -50.4% |
| 2011 | 21.08 billion US dollar | +6.4% |
| 2012 | 31.80 billion US dollar | +50.8% |
| 2013 | 30.92 billion US dollar | -2.8% |
| 2014 | 19.82 billion US dollar | -35.9% |
| 2015 | 15.91 billion US dollar | -19.7% |
| 2016 | 15.87 billion US dollar | -0.3% |
| 2017 | 26.10 billion US dollar | +64.5% |
| 2018 | 30.65 billion US dollar | +17.4% |
| 2019 | 23.94 billion US dollar | -21.9% |
| 2020 | 20.75 billion US dollar | -13.3% |
| 2021 | 20.94 billion US dollar | +0.9% |
| 2022 | 17.94 billion US dollar | -14.4% |
| 2023 | 13.59 billion US dollar | -24.3% |
| 2024 | 20.48 billion US dollar | +50.7% |
| 2025 | 24.54 billion US dollar | +19.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.99 billion US dollar | 28.36 billion US dollar | 53.00 billion US dollar | 5 |
| 2010s | 23.59 billion US dollar | 15.87 billion US dollar | 31.80 billion US dollar | 10 |
| 2020s | 19.71 billion US dollar | 13.59 billion US dollar | 24.54 billion US dollar | 6 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Total reserves (gold at national valuation) (SDR), annual growth rate 8.36 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 141.38 SDR per person (2025)
- Total reserves in months of imports, annual growth rate -1.26 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 6.98 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0966 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 118.25 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 6.08 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 132.23 SDR per person (2025)
Frequently asked questions
- What is reserve assets, currency and deposits in Nigeria?
- Reserve assets, currency and deposits in Nigeria was 24.54 billion US dollar in 2025, according to International Monetary Fund.
- What is the highest reserve assets, currency and deposits recorded in Nigeria?
- The highest recorded value was 53.00 billion US dollar in 2008.
- What is the lowest reserve assets, currency and deposits recorded in Nigeria?
- The lowest recorded value was 13.59 billion US dollar in 2023.
- How does Nigeria rank for reserve assets, currency and deposits?
- Nigeria ranks 16th out of 156 countries with data for 2025.
- Is reserve assets, currency and deposits rising or falling in Nigeria?
- Over the last ten years it is up 54.2%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Reserve assets, Currency and deposits (Assets, Positions, US dollar). Statizoid updates them automatically from the source API.
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About this data
The International Investment Position (IIP) is a statistical statement that shows at a point in time the value of financial assets of residents of an economy that are claims on nonresidents or are gold bullion held as reserve assets; and the liabilities of residents of an economy to nonresidents.